Ethereum ($ETH ) Faces Key Support After Sharp Drop – Critical Levels to Watch.. Whale manipulation ..
Ethereum is trading at $3,599.34, down 2.49% in the last 24 hours after testing a low of $3,586.50. The chart shows strong selling pressure following a rejection at the $3,760 resistance zone, pushing ETH into a correction phase. Traders should monitor the $3,580-$3,600 support range, as a break below this could trigger further declines toward $3,540 or lower. However, if ETH holds this support and rebounds, it could aim for a recovery toward $3,640 and retest higher levels near $3,700. Stay alert for increased volatility and use tight stop-losses to protect profits in this critical zone.